9,027 Shares in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) Bought by Fourpath Capital Management LLC

Fourpath Capital Management LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) in the 4th quarter, HoldingsChannel.com reports. The firm bought 9,027 shares of the company’s stock, valued at approximately $236,000.

Other hedge funds have also modified their holdings of the company. CWM LLC raised its holdings in iMGP DBi Managed Futures Strategy ETF by 43.0% during the 3rd quarter. CWM LLC now owns 2,028,633 shares of the company’s stock worth $57,065,000 after buying an additional 610,397 shares during the period. Litman Gregory Wealth Management LLC raised its holdings in shares of iMGP DBi Managed Futures Strategy ETF by 50.6% during the fourth quarter. Litman Gregory Wealth Management LLC now owns 1,484,932 shares of the company’s stock valued at $38,846,000 after acquiring an additional 498,845 shares during the period. Fortitude Family Office LLC purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the 4th quarter valued at approximately $6,147,000. FMA Wealth Management LLC purchased a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the 3rd quarter valued at approximately $5,922,000. Finally, OneDigital Investment Advisors LLC boosted its stake in iMGP DBi Managed Futures Strategy ETF by 46.4% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 634,210 shares of the company’s stock worth $17,840,000 after purchasing an additional 200,877 shares during the period.

iMGP DBi Managed Futures Strategy ETF Stock Down 0.5 %

Shares of NYSEARCA:DBMF opened at $26.40 on Wednesday. The company’s fifty day moving average is $26.77 and its two-hundred day moving average is $27.42. The company has a market cap of $922.15 million, a P/E ratio of 24.50 and a beta of 0.04. iMGP DBi Managed Futures Strategy ETF has a 12-month low of $25.98 and a 12-month high of $30.63.

iMGP DBi Managed Futures Strategy ETF Profile

The iMGP DBi Managed Futures Strategy ETF (DBMF) is an exchange-traded fund that is based on the Goldman Sachs Hedge Fund VIP index. The fund aims to emulate the performance of a group of CTA hedge funds. The funds model allocates weights to derivatives selected by the funds active managers. DBMF was launched on May 8, 2019 and is managed by iM.